The number of fintechs operating in Mexico has grown consistently. Progress in financial inclusion, however, has been far less explosive.
Small business lending is more complicated than consumer lending.
Both have term loans and lines of credit but in small business you also have SBA loans, revenue-based financing, merchant cash advances, venture debt, equipment finance, invoice factoring, asset-based financing and more. This leaves a lot of room for unscrupulous lenders to charge hidden fees on some of these products.
With 132 fintech startups, Peru is coming to life in Latin America as another important hub for financial technology.
Marco, a fintech startup lending to exporters in Latin America, secured a $200 million line to expand its financing business.
Gen Z ETF hopes to provide a vehicle for Gen Z, an actively managed fund that tracks the best and brightest firms 'born' after 1997.
LoanPro’s credit platform integration with Visa DPS helps brands tackle shrinking interchange fees while providing unique personalization.
Embedded finance has been caught in the convergence of instant payments and open banking. It could be its time to shine.
With the explosion of Generative AI Sam Altman has become one of the most famous entrepreneurs on the planet. But not much has been written about his fintech investments.
In a complex scenario for Latin American startups fintechs in Argentina push forward with plans for international expansion.
Prominent online payment service provider PayU is expanding into four new markets; Costa Rica, El Salvador, Guatemala, and Honduras.